18 April | Other

HashKey Capital teams up with Ripple to launch Asia's first tracker fund for XRP

HashKey Capital teams up with Ripple to launch Asia's first tracker fund for XRP

HashKey Capital has introduced Asia's first XRP-focused investment fund, streamlining access for traders to the rapidly evolving crypto market, according to Coinotag experts.

Vivien Wong, an analyst at HashKey Capital, deeply appreciates the firm's collaboration with Ripple. She believes that the XRP token is one of the most promising among digital assets. Wong is confident that the companies will strengthen their mutually beneficial relationship. The launch of the HashKey XRP Tracker Fund is only the first step in their collaboration to expand investment products within the realms of cross-border payment solutions and decentralized finance (DeFi), according to Coinotag.

As the world's third largest cryptocurrency by market capitalization with an impressive value of about $121 billion, Ripple continues to attract institutional investors' interest. The potential launch of XRP ETFs in the United States may boost demand even further due to significant fund inflows, the web portal's experts suggest.

Elena Dorokhina MarketCheese
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